422 Velocity Mews, Kanata

$479,900
422 Velocity Mews

$479,900

New
21d
Att/Row/Townhouse3-Storey

422 Velocity Mews, Kanata

Total Monthly Obligation $2,311

Beds
2
Baths
2
Park
1
Sqft
1100-1500
DOM
21d
Score
29
Yield
6.4%
Cash on Cash
6.0%
Cap Rate
5.9%
5Y IRR
20.4%
10Y IRR
18.6%
Property Type-Att/Row/Townhouse
MLS® Number-X13853202
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-20 × 45 ft
Listed on site-Oct 2, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Parking-2 - Attached
Basement-None
Heating-Heat Pump (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Slab
Sewer-Sewer
Possession-Other
Neighbourhood-9008 - Kanata - Morgan's Grant/South March
Title-Residential Freehold

No agent assigned

The Alder gives you everything you need with an inviting foyer, and a spacious kitchen overlooking the living/dining room. Relax on the Third Floor with 2 bedrooms, and plenty of closet space including a walk-in closet in the Primary Bedroom. All Avenue Townhomes feature a single car garage, 9' Ceilings on the Second Floor, and an exterior balcony on the Second Floor to provide you with a beautiful view of your new community. Brookline is the perfect pairing of peace of mind and progress. Offering a wealth of parks and pathways in a new, modern community neighbouring one of Canada's most progressive economic epicenters. The property's prime location provides easy access to schools, parks, shopping centers, and major transportation routes. April 22nd 2027 occupancy.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$383,920
Land Transfer Taxes$6,073
Legal Fees (Est.)
$
Total cash required for closing$103,553

Total Monthly Obligation

$2,311/mo
Mortgage $1,936
Monthly Loss $1,801
Principal$509
Interest$1,426
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.8%35
Cash-on-Cash
-0.2%7
5-Year IRR
15.5%74
10-Year IRR
14.9%
Returns Index
39.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
29/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$30,564/yr
NOI
$23,008/yr
Net Cash Flow
-$18/mo
Cash Margin
-0.7%4
Cash Flow Index
4.1/ 100
Risk Profile
Weight: 20%
DSCR
0.9926
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo71
Risk Index
38.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 422 Velocity Mews

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.